Pages

Thursday, December 29, 2016

Holiday Sales Gains

Some reports starting to come in on this year. Not surprising with the gas prices down for the full year and leading flow increasing also the most in several years.

Correlates with the decade high Consumer Confidence number from earlier this week, new highs in stocks.

Holiday shoppers abandoned their early reluctance and boosted spending as the season wore on, pushing U.S. sales to the biggest increase in more than a decade, according to research firm Customer Growth Partners

On Tuesday, the firm raised its holiday sales estimate to a 4.9 percent gain over last year to $637 billion. That would be the biggest increase since 2005.